RODE Fees and Costs — Hartford Multifactor Diversified International ETF
Data updated: 2025-05-22
The net expense ratio is 0.29%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $7K in broker commissions, 0.0397% of average net assets, and portfolio turnover was 54%.
RODE Fees and Expenses
Annual operating expenses and sales charges of RODE. Prospectus, as of January 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.29% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.29% |
| Fee waiver | — |
| Net expense ratio | 0.29% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
RODE Costs Over Time
On $10,000 invested in RODE, assuming 5% a year before costs, total costs come to $209 over 5 years, cutting the return by 0.35% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.29%) | $30 | $96 | $167 |
| Trading costs (broker commissions) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $0 | $5 | $19 |
| Total costs | $35 | $114 | $209 |
| Value after costs | $10,465 | $11,462 | $12,554 |
| Impact on return, per year | 0.35% | 0.35% | 0.35% |
RODE Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0397%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $1.1M
- Portfolio turnover (prospectus): 54%
- Securities on loan, average value: $77K
- Net income from securities lending: $3K (0.014% of average net assets)
RODE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $6K | 79.15% |
| J.P. Morgan Securities LLC | $872 | 12.32% |
| BofA Securities, Inc. | $266 | 3.76% |
| UBS Securities LLC | $110 | 1.55% |
| SG Americas Securities, LLC | $73 | 1.03% |
| Nomura Securities International, Inc. | $44 | 0.63% |
| Yuanta Securities Co., Ltd. | $36 | 0.51% |
| Morgan Stanley & Co. LLC | $31 | 0.44% |
| Virtu Americas LLC | $23 | 0.32% |
| CLSA Americas, LLC | $20 | 0.29% |
RODE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.1M | 96.67% |
| Goldman Sachs & Co. LLC | $37K | 3.33% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.